Announced Tue, 13 Jan · 14:22 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rashmi Mahajan & PACs

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Rashmi Mahajan (part of the promoter group) received 7,13,475 equity shares of Uniroyal Industries Ltd as a gift from her son Mr. Abhay Mahajan, also part of the promoter group, on 12/01/2026. This is an inter-se transfer within the promoter family, filed under Regulation 10(5) and 29(2) of SEBI (SAST) Regulations, 2011. Her individual holding rose from 4.97% (4,10,969 shares) to 13.60% (11,24,444 shares) of the company's equity capital. Total share capital of the company remains 82,68,720 shares, and no other person acting in concert's holding was disclosed as changing. The transfer is exempt from the open offer requirement since it is an inter-se transfer between promoter group members.

Likely market impact

This is a routine family reshuffle of promoter holdings with no change in total promoter stake or any open-market activity, so it is unlikely to have any material impact on the share price. It may provide mild comfort to investors that promoter family members are consolidating holdings rather than exiting.